March 15, 2017 BY Valentina Kirilova

Fintech provider Duco continues global expansion with Societe Generale Bank & Trust

Duco, the global fintech provider of data control services, has announced a commercial agreement with Societe Generale Bank & Trust (SGBT), a wholly-owned subsidiary of Societe Generale based in Luxembourg. SGBT plans to use Duco Cube, the self-service data control platform, to automate a number of key processes, including securities, cash and internal system-to-system reconciliations.…

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March 15, 2017 BY LeapRate Staff

Pepperstone launches Tradency's MirrorTrader forex auto trading platform

Financial trading technology provider Tradency has announced that leading Australian retail forex broker Pepperstone is set to launch Tradency's MirrorTrader service. The MirrorTrader service will enhance Pepperstone's offering for clients with automatic execution of unique algo-strategies. Tradency's MirrorTrader provides technology for retail clients, which traditionally had only been available to institutional traders. The MirrorTrading concept…

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March 15, 2017 BY Valentina Kirilova

Fed likely to raise rates as U.S. economy flexes muscle

The Federal Reserve is expected to raise interest rates for the second time in three months on Wednesday, encouraged by strong monthly job gains and confidence that inflation is finally rising to its target, Reuters reported earlier today. A rate hike at the conclusion of the Fed's latest two-day policy meeting is already baked into…

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March 15, 2017 BY Valentina Kirilova

Google brings P2P payments to Gmail Android app

Google is wading back into the crowded P2P payments arena, adding a feature to its Gmail Android app that makes sending friends funds as easy as attaching a file to an email. Google first began letting US users send and receive money through Gmail on desktop back in 2013 but is only now bringing the…

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March 15, 2017 BY Valentina Kirilova

Edelweiss Singapore installs latest version of Horizon trading software

Horizon Software, the global provider of electronic trading and investment management technology, just announced the extension of its long-term relationship with Edelweiss International Singapore (Pte) Limited, a subsidiary of Edelweiss Financial Services Limited, one of India's leading diversified financial services companies. Edelweiss will be using the latest version of Horizon's trading technology as a strategic…

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March 15, 2017 BY Valentina Kirilova

SFC reprimands and fines BOCOM International (Asia) Limited $15 million for sponsor failures

The Securities and Futures Commission (SFC) has reprimanded and fined BOCOM International (Asia) Limited (BIAL) $15 million, for failing to discharge its duties as a sponsor in relation to the listing application of China Huinong Capital Group Limited. Failure to conduct all reasonable due diligence before submitting an application China Huinong is a company established…

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Global Prime teams up with Gold-i to offer liquidity through the Matrix Net platform
March 15, 2017 BY LeapRate Staff

IS Prime launches institutional-only API Index Swaps

Institutional prime of prime broker IS Prime has announced the launch of a range of Index Swap products, focusing on the most popular index and energy instruments required by retail brokers. IS Prime’s new, institutional-only API Index Swap offering includes: Germany 30 Hong Kong 50 Wall Street 30 UK 100 US Tech 100 UK and…

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